PPP Loan Data — Twin Rivers Foods, Inc., Fayetteville, AR
Twin Rivers Foods, Inc. is a corporation located at 1 East Colt Square Dr in Fayetteville, Arkansas that received a Coronavirus-related PPP loan from the SBA of $4,827,652.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST BANK OF THE LAKE
Twin Rivers Foods, Inc. received a Paycheck Protection Loan of $4.83M through FIRST BANK OF THE LAKE, which was approved in April, 2020.
Based on standard PPP eligibility rules, Twin Rivers Foods, Inc.'s total 2019 payroll expenses were approximately $23.17M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $46,345 per employee1.
Business Information - Twin Rivers Foods, Inc. in Fayetteville, AR
1 East Colt Square Dr
Fayetteville, AR 72703
Poultry Processing (NAICS code 311615)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AR-03
Industry PPP Comparison Statistics
Nationwide, 213 businesses in the "Poultry Processing" industry received a total of $148,516,793.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 68 employees, 86% lower than Twin Rivers Foods, Inc.'s reported 500 employees, and received an average PPP loan of $697,262, 86% lower than this company's loan of $4.83M.
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Footnotes & Information
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